62 Annual Report 2022 Corporate Governance Overview Statement PRINCIPLE A: BOARD LEADERSHIP AND EFFECTIVENESS (CONT’D) Remuneration Committee (Cont’d) The Remuneration Committee was established on 27 November 2012 and comprises of two (2) members, all of whom are Independent Non-Executive Directors. The members of the Remuneration Committee and their attendance at the Remuneration Committee meetings held during the year under review are as follows: The Remuneration Committee is responsible for recommending to the Board on the remuneration framework and packages of all Directors and in the case of Non-Executive Directors’ fees including Board Committees’ fees, the approval of the shareholders is required. The Directors shall abstain from deliberation and voting on their own remuneration. During the financial year under review, the Committee held one (1) meeting to deliberate on the following: The terms of reference of the Remuneration Committee are available for reference at www.mkhberhad.com. 1. REMUNERATION (CONT’D) III. Name Percentage Designation Attendance Datuk Mohammad bin Maidon 100% Chairman 1/1 En. Jeffrey bin Bosra (Retired w.e.f. 1 June 2022) 100% Member 1/1 Dato’ Lim Hong Shuan (Appointed w.e.f. 1 June 2022) * No meeting was held from 1 June 2022 until 30 September 2022. Member Not applicable* review of the salaries, bonuses and incentives of Senior Management of the Group; approve the remuneration package and bonus for the Executive Directors; and reviewed and updated the terms of reference of Remuneration Committee to ensure it continues to remain relevant and appropriate for the Remuneration Committee members in discharging their function. (a) (b) (c)
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